Greek vessel owner Euroseas reported total net revenues of US$89.6 million and net income of US$57.6 million in the first half of the year. Additionally,...

News

PSA BDP, Dow India partner to create zero-emission transport corridor in Nhava Sheva

Ioanna Kontos - August 11, 2023 0

PSA BDP, a supply chain, transportation and logistics solutions provider, has signed a Memorandum of Understanding (MOU) with Dow Chemical International (Dow India) to...

Port News

APM Terminals orders 21 straddle carriers for its Barcelona facility

Ioanna Kontos - August 11, 2023 0

APM Terminals (APMT) Barcelona has placed an order of four battery Konecranes Noell Straddle Carriers as well as 17 hybrid Konecranes Noell Straddle Carriers...

Port News

Georgia Ports handles over 445,000 TEUs in July

Ioanna Kontos - August 11, 2023 0

In July, the Georgia Ports Authority (GPA) reported 447,590 TEUs, a 17% increase over the 381,825 TEUs carried in the previous month. GPA's July...

Port News

Westports Malaysia aims to use electric Automated Guided Vehicles

Ioanna Kontos - August 11, 2023 0

Westports Malaysia has revealed that it is actively investigating the viability of adding electric Automated Guided Vehicles (AGVs) into future terminal development plans. The company...

Industry Opinions

Spot rates rally on key Far East trade lanes after latest GRI moves: Xeneta

Ioanna Kontos - August 10, 2023 0

Spot rates for containerised ocean freight have climbed across three leading Far East export corridors after the latest round of General Rate Increases (GRIs)...

News

Capacity discipline sustains rates amid peak newbuilding deliveries

Container News Team - August 10, 2023 0

Capacity management has been key to the ongoing strengthening of Transpacific rates, according to container shipping expert Lars Jensen. Jensen, CEO of Vespucci Maritime, said...

News

Duvenbeck tests fully electric terminal tractor

Ioanna Kontos - August 10, 2023 0

Duvenbeck, a freight forwarding and logistics firm, is taking another step towards transitioning its fleet to low-emission vehicles. In July of this year, the German company tested...

Industry Opinions

Record high ship deliveries boost container fleet capacity

Container News Team - August 10, 2023 0

“Deliveries of new container ships during the first seven months of the year reached a new record high of 1.2 million TEUs in 2023,...

News

HMM sees first-half profits sink over 90%

Antonis Karamalegkos - August 10, 2023 0

HMM's first-half results are incredibly low compared to last year's levels with the company's profits falling over 90% year-on-year. In the first six months of...

Port News

CMA CGM enhances its terminal in Taiwan with new RTG cranes

Ioanna Kontos - August 10, 2023 0

CMA CGM made an order to Konecranes for seven hybrid Noell Rubber-Tired Gantry (RTG) cranes to equip its Kaohsiung Terminal in Taiwan. According to the...

Port News

Wilson Sons Rio Grande container terminal nears 50,000 TEUs in July

Ioanna Kontos - August 10, 2023 0

Wilson Sons Rio Grande container terminal recorded a 44% increase in July container volumes compared to the same month last year, handling 49,100 TEUs. Exports...

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